Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into technologies advancing sustainability. This time, you get to discover 5 hand-picked green finance solutions.
Out of 343, the Global Startup Heat Map highlights 5 Top Green Finance Solutions
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 343 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 338 green finance solutions, get in touch.
Finappster advances Socially Responsible Investing (SRI)
Founding Year: 2016
Location: Auckland, New Zealand
Partner for: Portfolio Management, Sustainability Impact Visualization
Finappster is a New Zealand-based startup that develops a solution to monitor the performance of investments and their contribution towards sustainability. The application focuses on socially responsible investing which contains SRI funds, SRI exchange-traded funds (ETF), SRI indexes, and their sustainability metrics. It also contains references to the United Nation’s (UN’s) Sustainable Development Goals (SDGs), performance reporting, and personalized alerts on invested companies. Their green finance solution thus provides both investors and asset managers with the visualization required to track their sustainability impact. This also solves the current challenge regarding the lack of transparency in the utilization of investments towards combating climate change and improving corporate sustainability practices.
Earthbanc facilitates Carbon Auditing
Founding Year: 2019
Location: London, UK
Partner for: Carbon Auditing, Carbon Offsetting
UK-based startup Earthbanc specializes in digital green banking and investment platforms to connect investors and project participants. The startup’s carbon offsetting solution, Earth Plus, allows users to subscribe to a monthly plan which ensures protecting and planting forests. Investors or subscribers are also able to choose different options to increase the area of carbon offsetting. Subscribers have opportunities to track the impact through metrics using AI and satellite imagery in addition to access to data on forest growth, carbon sinks, and climate threats. Even though regulations require businesses and companies to offset carbon emissions, there are challenges in verifying and monetizing carbon offsetting projects which overshadow corporate efforts. The startup’s solution serves to increase investment in environmental protection by quantifying the financial gains through carbon auditing.
Greenomy offers Sustainability Reporting Software-as-a-Service
Founding Year: 2020
Location: Brussels, Belgium
Total Funding: USD 1 150 000
Partner for: Investment Portfolio Management, Sustainability Reporting
Belgian startup Greenomy develops sustainability reporting software for companies and financial institutions. The platform digitalizes the creation, certification, and management of taxonomy-aligned data through loading and storing environmental social governance (ESG) data, executing taxonomy technical screening as well as obtaining certification from qualified third parties and auditors. Moreover, the range of tools on the platform enables effective communication and dissemination of sustainability information among internal and external stakeholders via detailed reports, summaries, and dashboards.
MioTech provides an AI-based Data Processing
Founding Year: 2016
Location: Hong Kong, China
Total Funding: USD 7 000 000
Partner for: Environmental, Social & Corporate Governance (ESG) Data Processing, Sustainability Insights
MioTech is a Hong Kong-based startup that uses artificial intelligence algorithms to process high volumes of ESG data. The startup’s ESG fintech framework adopts more than a thousand ESG information points from corporate reported data and alternative data sources such as environmental penalties, lawsuits, and more. Besides, the platform uses regional economic data, government financial budget information, and industrial data from a wide range of cities and provinces to generate actionable insights. This, in turn, allows investors to view, measure, and analyze corporate ESG-related risks and evaluate the sustainable development of a company.
Cooler Future develops a Sustainability Investment App
Founding Year: 2019
Location: Berlin, Germany
Total Funding: USD 1 610 000
Partner for: Impact Investment, Subscription-based Investment
German startup Cooler Future develops an application that lets users invest in sustainable investment funds to tackle climate change. The app enables users to easily track their investment returns and the climate performance of the funds invested through the app. Moreover, the application encourages even small investors with a minimum investment amount of just €20 with options of one-time investment or monthly investment plans. The startup’s application aims to increase impact investments to generate positive, measurable social and environmental impact alongside a financial return. The app also serves as a transparent investment platform that facilitates investors to measurably invest and see the output of their actions on positive climate change.
Discover more Sustainability Startups
Startups such as the examples highlighted in this report focus on climate change, carbon accounting, and climate-positive projects. While all of these technologies play a major role in advancing sustainability, they only represent the tip of the iceberg. To explore more sustainability solutions, simply get in touch to let us look into your areas of interest. For a more general overview, you can download one of our free Industry Innovation Reports to save your time and improve strategic decision-making.